- Litecoin clears key supporting demand zone over night, nursing small losses on Friday of 0.8%.
- LTC/USD will likely be vulnerable to further selling pressure to come, given recent technical developments.
LTC/USD 30-minute chart
Spot rate: 73.43
Relative change: -0.80%
High: 75.53
Low: 72.50
Trend: Bearish
Support 1: 72.57, today’s (Friday) low.
Support 2: 71.56, 29th November low.
Support 3: 69.50, (support on 30-minute low).
Resistance 1: 74.40-75.05, previous demand zone.
Resistance 2: 75.65, 50MA.
Resistance 3: 77.63, 100MA.
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